$BTC

Bloomberg Analyst Claims Satoshi Nakamoto's Wealth Will Surpass Warren Buffett

Bloomberg Exchange-Traded Funds (ETF) analyst Eric Balchunas revealed that the wealth of Bitcoin creator Satoshi Nakamoto could surpass that of world-renowned investor Warren Edward Buffett.

"If Bitcoin reaches a normal value of 50% each year, Satoshi will surpass Buffett this year and Zuckerberg next year to become the second richest person in the world," Balchunas stated through his personal X account.

For your information, Warren Buffett is the fifth richest person in the world with a current wealth of US$155.2 billion.

Satoshi is estimated to hold around 1.1 million Bitcoins valued at over US$115.5 billion at current market prices. This means that the creator of the largest digital asset could exceed the net worth of Warren Buffett and Mark Zuckerberg if Bitcoin continues its growth rally.